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Polyamide-imide Resin Market by Type, End-Use Industry And Region - Global Forecast to 2022

Polyamide-imide Resin Market: Global Forecast until 2022

  • July 2018
  • 102 pages
  • ID: 5481453
In this report:
The market size in the aerospace end-use industry was ##,##.## tons in 2016 and is projected to register a CAGR of ##.##% between 2017 and 2022 to reach ##,##.## tons by 2022.
According to China National Petroleum Corporation, oil demand is expected to be ##.## million barrels per day in 2018 and import to increase by ##.##%.

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The polyamide-imide resin market is estimated to rise at a compound annual growth rate of 6.50 percent between 2017 and 2022.

The polyamide-imide resin market is projected to be USD 501.7 in 2017 and is projected to extend $687.10M by 2022, at a compound annual growth rate of 6.50 percent between 2017 and 2022. The large demand for polyamide-imide resins from different end-user markets, superior properties of polyamide-imide resins, and replacement of conventional materials by polyamide-imide resins are top factors expected to drive the rise of the polyamide-imide resin market. Nevertheless, competition from hybrid polymers and composites is anticipated to restrain the market increase. The high cost of polyamide-imide resins is acting as a main challenge to the rise of the polyamide-imide resin market.

The glass-filled type segment is expected to increase at the maximal compound annual growth rate (CAGR) during the estimate period.

Established on category, the glass-filled segment of the polyamide-imide resin market is expected to rise at the highest CAGR (Compound annual growth rate) between 2017 and 2022.The addition of glass fiber to polyamide-imide resins helps in expanding the flexural modulus of polyamide-imide resins while reducing their rate of expansion.

Additionally, glass-filled polyamide-imide resins offer superior stiffness and dimensional stability to finished products. Superior properties of glass-filled polyamide-imide resins, along their growing applicability in end-use sectors, have contributed to the increase of the glass-filled type segment.

The APAC polyamide-imide resin market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period.

The rise of the APAC polyamide-imide resin market can be accredited to the growing demand for polyamide-imide resins from the automotive, aerospace, electrical & electronics, and textile markets. Some of the factors impacting the market performance of polyamide-imide resins are high cost of polyamide-imide, rised market investments in the automotive and aerospace sectors, and fluctuation in crude oil prices.

China (CN), India (IN), and Indonesia (ID) are main vehicle manufacturing countries of APAC, where vehicle production is increasing at an important rate.Automotive manufacturers in the Asia-Pac regions are focused on the manufacture of energy-efficient vehicles, which, in turn, has propelled the market demand for lightweight components.

The need to expand lightweight automotive components is estimated to drive the industry demand for polyamide-imide resins from the Asia-Pacific regions.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and subsegments of the polyamide-imide resin market.

The breakdown of primary interviews has been depicted below.

• By Company category: Tier 1 - 20.0 percent, Tier 2 - 55.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite - 50.0 percent, Director-level - 25.0 percent, and Others - 25.0 percent

• By Area: North America continent - 60.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 10.0 percent, Middle East (ME) & African continent - 5.0 percent, and South America region - 5.0 percent

Top players operating in the polyamide-imide resin market contain Solvay, Quadrant, Toyobo, Ensinger, Innotek Technology, and Kermel.

Segment Research

The polyamide-imide resin market has been divided on the basis of category, end-use sector, and area.The industry report offers exhaustive information concerning top factors, including drivers, industry restraints, opportunities, and possibilities, influencing the increase of the polyamide-imide resin market.

An in-depth study of top actors has been performed to provide business insights on their sector overview and products & services offered.

Why acquiring this study can help you:

The analysis is expected to benefit industry top players/new sector entrants in this sector in these ways:

1. This report comprehensively segments the polyamide-imide resin market and offers the closest approximations of market sizes for the global market and its sub-segments across several regions.

2. The market research is expected to benefit partners distinguish the pulse of the sector and offer them with info on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report is also anticipated to help partners comprehend main competitors in the industry and gain insights to improve their competitive positions in the sector. The competitive outlook section includes main industry actors from different areas.

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